One other reason for the financial superiority of the London lie in huge riches of the Great

One other reason for the financial superiority of the London lie in huge riches of the Great Britain. While almost half of century which the Great Britain imported much more than, it exported, and full volume of its import and export trade more than , than it was in 1850. A consequence - that not only that the Great Britain accumulated riches, but also it accumulated it extremely. Its saved up savings, therefore, were on hand in the world, and at it was so many money to invest the capital, that it became the nation of the creditor of the world. Full investments of the British capital into foreign countries (in loans, railways, industrial syndicates, etc.) As it is estimated, the huge sum more than 10 500 000 000$. London, of course, is an investment, management, and office supervision for this capital. And as so a lot of the British capital finds the place of investments in London, it naturally follows it all remaining jobless capital of the world which searches for investments, or is sent to London as the market, or otherwise assumes, that the price for investments into other place which current price of the capital in the London warrants accepts it. The London market rate of the capital, therefore, defines the market rate in any commercial centre of the world.
THE GREAT BRITAIN THE BEEHIVE COMMERCIAL AND THE MANUFACTURING INDUSTRY